SCO & BRICS latest news and insights
— In-depth analysis and comments

By Rhod Mackenzie

The news that Russia is considering the possibility of storing part of its reserves in the currencies of the United Arab Emirates and Saudi Arabia made us think: why are we always looking for a safe haven abroad and not investing in our own projects?

Stocks abroad
Let's start...

By Rhod Mackenzie

The impact of sanctions on the Russian economy has significantly contributed to the positive impact of the shadow sector, according to an article by the Higher School of Economics.It is worth noting that the article is not so much about breaking the law as about circumventing th...

By Rhod Mackenzie

During a meeting in Beijing on Friday, Wang Yi, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Chinese Foreign Minister, stated that the people of the Middle East should have control over the fate of their region, and that it should no...

By Rhod Mackenzie

It is well-known that economic and trade cooperation between China and Saudi Arabia is rapidly deepening. This is significant not only for expanding economic development opportunities for both parties but also for promoting peaceful development in the Middle East.

Huatai-PineBr...

By Rhod Mackenzie

Russian oil companies are significantly boosting ESPO grade oil exports through the port of Kozmino, mainly to China via tankers. The shipments from this Far Eastern port reached a historic peak of 925 thousand b/d in December.Analyst attribute the increase to more active rail tr...

By Rhod Mackenzie

According to a report in Kommersant, in the first two weeks of December Russian oil companies sharply increased seaborne exports of diesel fuel, which as a result they recovered to the level of 1 million barrels per day. This was made possible by the almost complete lifting of th...